David Meggs Acquires Mixed-Use Property In Wentzville For $3.6M

853 Medical Drive

$3,600,000

$234/SF

Building Size

15,366 SF

Asset Type

Mixed-use

Closing

Jan 30, 2024

AI

AXSYS Capital has acquired a 15,366-square-foot mixed-use "medtail" office property at 853 Medical Drive in Wentzville, MO, for $3.6 million.

Summary of transaction details:

Property Type: Mixed-use
Transaction Amount: $3,600,000
Buyer: David Meggs - AXSYS Capital
Seller: Asher CRE, LLC
Buyer's Rep: Jason Riegelsberger & Luke Grant - Skyline Commercial Real Estate
Seller's Rep: Brian Kelley - Revel Commercial Real Estate
Lender: Carrollton Bank
SF: 15,366
PPSF: $234

Jason Riegelsberger & Luke Grant of Skyline Commercial Real Estate acted as the buyer's representatives in the transaction, facilitating the acquisition by David Meggs of AXSYS Capital. Brian Kelley from Revel Commercial Real Estate represented the seller, Asher CRE, LLC, in this deal.

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